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20121027
20121104
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Search Results 0 to 45 of about 46 (some duplicates have been removed)
talking auto thing, you realize obama administration gave chrysler to fiat for zero dollars? i mean, you can't imagine a businessman like mitt romney turning over that much real property to a foreign company for zero dollars. so owe think the longer you look at the auto bailout the less attractive it s romney's approach was to guarantee loans and waivers after a traditional bankruptcy court, what united airlines and a number other companies have gone through. that i think people goring to say that might have been a better road. >> that is sort of the global view talking about jobs in ohio. you know? you don't necessarily look at the big tick pic tour, looks like do i have a job or not? >> the governor pointed out the net number of new jobs out of the bailout was 400 for the state. all other new jobs and if you're a gm worker are you grateful to obama? do you think you've worked hard so your company survived? at some point obama claiming credit for your job begins to get thin. >> greta: benghazi. we've spent a lot of time talking about it. and frankly there are a lot of remaining question
realize obama administration gave chrysler to fiat for zero dollars? i mean, you can't imagine a businessman like mitt romney turning over that much real property to a foreign company for zero dollars. so owe think the longer you look at the auto bailout the less attractive it s romney's approach was to guarantee loans and waivers after a traditional bankruptcy court, what united airlines and a number other companies have gone through. that i think people goring to say that might have been a better road. >> that is sort of the global view talking about jobs in ohio. you know? you don't necessarily look at the big tick pic tour, looks like do i have a job or not? >> the governor pointed out the net number of new jobs out of the bailout was 400 for the state. all other new jobs and if you're a gm worker are you grateful to obama? do you think you've worked hard so your company survived? at some point obama claiming credit for your job begins to get thin. >> greta: benghazi. we've spent a lot of time talking about it. and frankly there are a lot of remaining questions and nobody s
-teachers -- co-teachersasoni in a littl. >> they told the obama administration and consulate could not with stand a coordinated attack. peter doocy is live with more on that. >>> good morning. >> good morning heather. 3 and a half weeks before the september 11th terrorist attacks on benghazi on august 159. the u.s. mission in benghazi held an emergency meeting and august 16th a secret table was sent to the state department that laid out the concerns our team on the ground had at the time. and top of the list was consulate security. the guards did not think they could protect the consulate. the state department says al qaeda had training camps in benghazi and we got our hands on the direct quote from the cable rso regional security officer expressed concerns with theable to defend post in the event of a coordinated attack due to limited manpower, security measures, post nation support security and the over all size of the compound. they also said security in benghazi was trading negatively and they were becoming more brazen with their operations because they weren't scared of the libyan security f
. the idea that a company goes bankrupt and disappear is a fiction that the obama administration would like you to believe. airlines and companies go bankrupt and restructure the loans and get lean yer taxpayers are off of the hook and everybody is happy and get better cars. a lot of mom and pops called it theft. the real fiction here. yes, it is true a company can go in bankruptcy and emerge. real life was gm-chrysler didn't have enough money to pay suppliers or employees, and by the time the government could have negotiated guaranteed with anybody that might step up to make a loan, those companies were out of the business. it is reality and he's showing why republicans never say i am sorry. it is ridiculous. >> steve, is rick right, that bankings were so bad shape they would have gone in bankruptcy and no one would have lent them money. >> in the fall of the 2008 there was a panic on government guarantees. but general motors and chrysler should have gone in controrsey. equity funds would be willing to get the assets. bankrupt nation and equity funds in greece are saying this is low price
state of ohio where president obama has spent a lot of time talking about how his administration saved detroit. but thousands of employees for auto parts maker delphi may disagree, and their dissatisfaction could be key in a razor-thin race. steve brown has an update from dayton, ohio. steve. >> behind me is the last operating delphi factory here in dayton. it used to employ 25,000 in this area now 300. back in 09 when gm was getting bailed out delphi was going through bankruptcy and there were lots of employees salaried and union who were asking nervous questions about their pensions. >> how is our healthcare looking after retirement? how is our pension looking? everything is good. pension plan is well funded. >> we were told that everything was secure in your pension, and you plan on that for the rest of your life. >> until like its dayton area plants delphi shut down the employee pension plans handing them off to the federal government. >> when my pension went from 2,500 $50 a month guaranteed to the federal government saying you'll get $385 a month. >> and you spend years and years
. it was taken over by obama in the meantime. the a bomb administration picking up for bush came up with a deal to save three companies, general motors, chrysler and delphi. what is delphi? delphi is the old telco auto parts division of gm. you know delco batteries. we had gm that desperate to cut off its own parts and set off delphi as a separate company which immediately pretty quickly went bankrupt. well, down went the vulture's and they pick.delphi corp. out of bankruptcy court for 67 cents, a darned good deal for the entire auto parts division of general motors. 67 cents a share. within two years they flipped it. they went public at $22 a share. share. that is it 3200% prophet that they weren't done. they weren't done. delphi had 29 plans in the u.s. and the delphi group sold it back to gm and the rest, every single plant was sold, was sent off to china. every single uaw job, everyone, 25,200 uaw workers including -- i got a call from michael moore. his dad had the delphi plant and flint michigan. every job sent to china, every one. now that was not the plan. obama's administration came up
was formerly the obama administration's car czar. bill blasick is detroit bureau chief for "the new york times" and author of "once upon a car: the fall and resurrection of america's big three automaker automakers -- gm, ford and chrysler." i saw the commercial, see how it could deliver a message that obama brought down the big three, chrysler and jeep, and he's moving jobs out of detroit now to the united states. i think both those claims are false. what is your view, and in fact, objective reporting on that? >> well, it's very unusual for general motors and chrysler, first off, to respond to a political ad. both companies were bailed out, and have turned their fortunes around, since their bankruptcies. and i think they both took a vow of silence during this political campaign, to try and stay as far away as the partisan politics at possible. but as one gm executive told me. this ad crossed a line. it was, as i said, too outrageous and misleading for them, not to respond to. the fact is, general motors has been building vehicles in china for many years. it's one of the largest carmakers in ch
, i question for jared. why did the obama administration it do more -- why did not the obama administration do more for poor communities given his work as a community organizer? some insight from your white house position. >> if you looked, and going to quote one of my colleagues, you can go on the web site of our institution, cbp.org you will find a number of papers but look at the impact on poverty of the stimulus, the recovery act. the recovery act lifted millions of people out of poverty. expanded the earned income tax credit. if you are not working, it did not help you. but a lot of people kept their jobs. the child tax credit was made refundable down to lower income levels. lifted a lot of people of poverty. the tax credit helped low-income workers, later the payroll tax credit helped. the expansion of unemployment insurance. critical. you heard, we will probably launch market poverty went up and 2011. on question only, if that is true, one of the reasons is because we pulled back some of the safety net in terms of extended unemployment insurance programs running out fo
is criticizing the obama administration for what the administration has been criticizing romney for doing. megyn: aren't we just as -- if we bailed them out don't we just want them to make a profit so that they can pay us back and do we care whether they do that in chin united states? >> you're making far too much economic sense. this is not economics this is politics. megyn: this is a tit for tat. i outsourced, you outsourced to. >> no, this is a very serious drag out argument. the democrats are really going strong on the idea that romney lied in that ad. he did not lie. he did not say that u.s. jeep production is being moved out of the country, he didn't say that. he was simply, flat out accurate in saying that we rescued chrysler, sold it to the italians and they are now going to build jeeps in china, accurate all the way down the line. megyn: thank you. >> you are welcome, megyn. megyn: thanks, stu. >> we have told you about the international election monitors who are planning to show up at polling stations across the u.s. on election day. now we're hearing a second state, first it was texas
the treasury in terms of what to do next with the gse is. and presumably, an obama administration would follow something along those lines after dealing with the fiscal cliff and tax reform and all the other issues that are on the agenda. what about romney administration? what sorts of proposal, if any, have been articulated? >> well, let me make it clear that i did not say that there had been a proposal by the administration. they produced a long awaited white paper in january of 2011. a government solution, he plans solution, or a hybrid solution. i am not being facetious in saying that. so we haven't had a proposal from either side. the mortgage market has changed because of that and i think that the republicans and the administration, as they came in, would want to go more towards a free-market kind of solution without any gse. i would hope that the suggestion that i made and the mortgage bankers association made would be seen as something that both sides could live with, and that it is largely a private capital solution. there is not a freddie or fannie. they're our are capital companies
church got into with the obama administration over the obamacare requirement that they provide contraceptive services in their hospitals. the evangelicals have enormous amounts of outreach to people, and they-- to hospitals and such and they saw that this was going to affect them as well, and that the catholic churches fight was their fight. so, they, for those come could nation -- combination of reasons they're ready to vote. stuart: is the evangelical vote big enough to push president obama. >> about 31% in wisconsin, in iowa and 44% in north carolina, and very large in florida as well so this, i think, is a factor, a voting block, flying beneath the radar, media wrote a lot about it in the primary, but not the last month or so. stuart: i see your point well argued, but are the people already counted in the polls which have already been taken and which represent a dead heat or a slight obama victory? >> you know, it's this sort of factor, stuart, that i think is a bit after problem for the polls. i'm not so sure they're picking up voting groups like this or the intensity behi
the obama administration took over this, their main objective was to keep costs high, at least to keep union costs high. >> that's the point with the pension. charles: and burdens general motors to this day which is why we're owed so much money and we're in trouble. >> what bothers me more about the fiasco, the fact that senior debt, and when ways with a in the business, make less debt, but have senior security and they ignored bankruptcy law. charles: and a lot of people, their rational, this would only hurt the fat cats and when we know this hurt a whole lot of people. >> what about the delphi investors who really lost on this one. let's take a look what they did in the gm bankruptcy, it's another case of sub bosub board nating one group. and board says, off shore earnings and makes sense they would not issue their earnings when the markets are closed. you would think they would wait until the market is open. does that mean that ford had, as you said, a good reason to issue them because they were so good. does that mean that people that are issuing them maybe are under what was estimated?
are now four years past the start of the obama administration, and i think we have had sufficient time to address the concerns. the fact is, the economy has not improved. we have averaged over 8% unemployment for the entire term of president obama's tenure in office. we have to continue to look for change, could change that will create those jobs and get this economy moving again. we will address the tremendous debt this country has, $16 trillion in debt, increased over $5 trillion under president obama. if we have another four years of president obama, our national debt will exceed $20 trillion. this is horrible to give to our children, grandchildren, and great-grandchildren. we cannot continue on with these policies. host: one more call for you from gwen, michigan, on the independent line. victoria, you're on with mr. bennett of the ohio republican party. caller: good morning. i wanted to make clarification for a caller from earlier about the interpretation that republicans are against unions. it is not being clear enough to our voters that there is a giant difference between a priva
retirees think they have been thrown under the bus by the obama administration. >> he certainly didn't protect my pension. i was just road kill, and to be kicked to the curb and out of the way. >> bruce said he and thousands of salaried delphi retirees saw that pensioned slashed and lost their health and insurance benefits as part of the deal so delphi could emerge from bankruptcy in 2009. general motors needed its biggest supplier, delphi, to be healthy. what are you fighting for right now? what do you want to see? >> the full restoration of our pension. >> he's fighting here and in washington. >> simply put, our decades of effort for the company were considered to be valueless to this administration. >> the retierees have sued to gt their pensions back, but the case is moving slowly. when they heard we were coming to town, a group of retirees and their families showed up. raise your hand if you supported president obama in the last election. raise your hand if you're supporting president obama this year. >> he didn't bail us out. he left us behind. >> i lost 40% of my pension, all
served on the homeland security department in the obama administration. first of all, you have a column that is on right now, cnn.com. it essentially praises the president for his response to the storm. you say it's the most significant of his presidency. let's listen to a quick clip of his comments. >> i think the public needs to prepare for the fact that this is going to take a long time for us to clean up. the good news is we will clean up, and we will get through this. >> so there are two things he points out. taking care of yourself and getting through this. really talking about the role of government, the heart of the role of government here, and the stark contrast between candidates. explain why you think this is so significant at this time. >> well, i think there's an important aspect to president obama's speech that gets lost in sort of the part sfwlan aspects of this, which is really about self-reliance and about the role of the government in promoting self-reliance amongst the citizenry, and so what you heard not just from obama -- this is why it's not necessarily part sxwlan
. it was president obama and his administration has been nearly two weeks blaming what happened on a video, threatening to arrest the filmmaker. there will be discussions on that for how the president handled that. back to jobs, mitt romney has a very clear record of success. host: republican calller. caller: i think he may take the state of new hampshire, but i hope he wins, because we need to get lisp's scam artists out of the white house once and for all. i am sick and tired of al sharpton promoting this guy. they're both scam artists. guest: having been born in new hampshire, i grew up in pennsylvania. with regard to the president, i think it is very clear the stakes are extraordinarily high in this race. we cannot afford four more years of president obama. we cannot afford four more years of trillion dollar deficits. we cannot afford a growing debt that has gone to 16 trillion on his watch and will go to 20 trillion if we get four more years of him. we cannot afford four more years of obama care and big government takeover spirited mare romney has made it very clear what his plans are
that, public-private partnerships. something the obama administration is in talking about for a number of years. a small amount of seed money from the government that brings in a lot of private money sitting on the sidelines, that's looking for investments in things that pay longer-term. toll roads is a classic example. so we do far less than we could do an infrastructure as we don't have appropriate structures. you do see interesting things happening. i mean, new york is set up an infrastructure bank to do with the state level was not at the federal level. chicago, mayor emmanuel announced the launch of a $7 infrastructure project in chicago, again to bring private money sitting on the sidelines. so that's a very good example of what can be done. the u.s. is losing ground on a lot of key components of infrastructure and for understandable reasons. governments don't have an awful lot of money. so if you're waiting on the line on government appropriations in government borrowing for infrastructure investments, that is not the best way forward in the current environment. so that's a very
it overreads -- i mean, look, there's no question that the obama administration is both trying to do right by policy and governance and by politics the week out from an election. we've heard you guys on the show the last couple days where this is a place where good government rhymes with good politics. it's not trying to elbow its way into new york at the statue of liberty. they're saying hey, you guys want us to come? we'll be there. governor christie thinks it's good for his state. he doesn't want a political backdrop either. but he wants to get help for the people of his state. mayor bloomberg has been obviously disappointed with obama, but also disagreed with romney on almost everything and has been public on both fronts. i think mayor bloomberg is focused, as jim suggested, on trying to get the city lit up and online and maybe it's more of a pain to have the president logistically than anything else. >> that may be true. >> i think you muddied things up. >> really? >> i'm not sure that people that are watching -- >> i've muddied things up. >> -- don't think that i believe the presiden
that is desperately needed that we have done. if the epa is successful, if the obama administration is successful at shutting down the navajo generating station, that will be devastating for the state. that is something we are fighting. the epa said the other day they are not just looking at njf, they are looking at coronado and apache as well. i had a letter and had every member sign it to tell the epa to slow down. let's have some public comment and some more hearings. we are working on those issues, and we have to continue to. you have to be able to work with the other side on the issues. >> would you repeat the question? >> several issues are relevant to rural arizonans. if you are to win the election, which would you say that you have championed for them if you run for reelection? >> first and foremost, jobs and the economy. we are desperate here. we have a 30% unemployment rate. there is a lot can do that we have mentioned already. create an environment that is conducive to attracting business here. it includes tax reform. closing the loopholes of the top. helping small businesses and keepi
that meant. and so is the obama administration we don't have access to advertisements like you can see across the country. are they doing something to define it that way out there? because the president really does need some control over the tea party. >> ok. so the first question about voter protection. what does the battle look like there? >> i mean, yeah i just will -- i will say this. every year there are problems in every single state with voting. those of you who go to voting places know primarily what those problems involve. there are nice sometimes most often elderly people whose task it is to help people get to the voting place. sometimes, those remember montgomery county nobody taught them how to turn on the machines so people showed up to vote the machines weren't turned on. this is not a imcl conspiracyy to deny people the right to vote. this is a fact that a lot of nice people had no idea how to work a machine. that is 99% of what goes on. every year we put people we task them to be ballot watch. watch out for what's happening and we've got to -- reports of any problems anywhere.
is the same thing that actually was practiced in the george w. bush administration. president obama isn't using george w. bush's name, but the message is actually pretty crystal clear. and you're seeing these two competing closing arguments at the very end. >> with that being the argument from the president that, you know, especially before hurricane sandy it was when mitt romney unveiled this notion that he is the change candidate here, how has his campaign, or have they effectively fought back that what he is offering back at this late game, 3, 2, 1, what we is a at the bottom, he offering anything that proves he would in fact bring in change? >> well, he hasn't rebutted those criticisms of how his policies are different than george w. bush's. the one he has pointed out, and he did this at the debate is he would actually balance the budget, something that george w. bush didn't do. so that's where he says he would be different. but when you actually look at a lot of the advisers, a lot of the economic policies, they do seem the same. and he hasn't really rebutted that. but what he is a
. >> obama has had four years and really has not come up with anything to show the people that he did better than before, than the administration we had before, so i figure it is time for a change. >> if the majority of retirees share this view on election day, romney may take florida, an important part of winning the election. >> in a minute, we will look at unemployment in europe. >> first, other stories making headlines around the world. >> tensions are high in the tunisian capital after clashes between police and salafist muslims left italy will people dead. >> russia has launched a rocket from the steppes of kazakhstan, headed for the international space station. the rocket is carrying a spacecraft loaded with supplies including hardware, fuel, and water. >> following the resignation of former german president christian wulff, opposition leaders are calling for new rules on the president's salary. they say presidents should no longer be entitled to full salary for the rest of their lives if they leave office prematurely. >> eurozone economies are still struggling to pick up steam, and n
of ohio, john kasich, is tying to contribute anything that is positive to his administration as opposed to that of barack obama. >> that we have seen. jim, thank you so much. >> thank you. >>> an update now on sandy. the u.s. navy is helping with the cleanup of the jersey shore while more than 3 million people are still without power. anger is building at the gas pumps in new jersey. line res long. stations are running out of gas. in staten islands, residents are begging for help saying they have been forgotten. a special relief fund is being set up just for residents of the island. and transportation secretary ray la hood is heading to new jersey to talk to officials there about getting the transportation system back up and running. >>> time for the your business entrepreneur of the week. jess carney worked boston area renaissance fairs, haunted houses and nightclubs. he hopped selling bone skulls and other mccobb items. carney hook, engages and sells for performance and mirror potential customer temperaments. for more, watch "your business" sunday morning on msnbc the. email marketing
christie, who toured the damage along with fema administrator craig fugate and president obama. one man, iowa congressman, steve king, thinks fema has a fever. >> i want to get them the resources that are necessary to lift them out of this water and this sand and the ashes and the death that's over there in the east coast and especially in the northeast. but not one big shot that just opens up the checkbook, because they spent it on gucci bags and massage parlors and everything you can think of in addition to what was necessary. >> congressman king, who is up for re-election, seems to be echoing the sentiments of some of his republican, including senator lynndie graham who said, quote, we can't borrow money every time something goes wropg in america and ron paul who asks, quote, why should people like myself, who not too long ago had a house on a gulf coast, it's expensive, risky and dirngous. why should somebody from the central part of the united states rebuild my house? after all, fema represents big government. gucci bag and trip to the massage parlor would be tops on your list if y
. >>> mitt romney asking voters what do you want, just tell me, i'll tell you. president obama's revile of general motors and chrysler which in all likelihood would have been liquidated had his administration not kept them above water with a government-led rescue in 2009 is pretty popular in ohio. popularity is an obstacle to mitt romney who opposed a key part of the rescue when initiated by the bush administration and now finds himself with a stubborn polling deficit in a state he more or less has to win to win the presidency. so, the romney campaign has e a escalated their attempts to rewrite the history of the auto rescue and are now simply making things up about the current auto industry that exists today. they claim that president obama sold chrysler to italians who plan to build jeeps in china. >> who will do more for the auto industry? not barack obama, fact checkers confirm his attacks on mitt romney are false. the truth? mitt romney has a plan to help the auto industry. he's supported by lee iacocca and "the detroit news." obama took gm into bankruptcy and sold chrysler to ita
, sharpening his attack on obama, and he's all but declared victory. he even called the event a victory rally. >> when i'm president, it's going to be very clear that we finally have an administration and a president and a government in the united states that actually likes job creators, that wants to help job creators. >> romney called yesterday's jobs report a sad reminder that unemployment is essentially unchanged at 7.9%. while the obama campaign touted the 171,000 jobs added with improved numbers in september and august. we have our correspondents spread throughout the battleground states to bring you the latest on the election and the final push for both candidates. dan lothian is in ohio where the president will speak next hour. dan, good morning. how is president obama handling the post-sandy power outages and flooding on the campaign trail? it's a difficult balance, i'm sure, between the two. >> reporter: you make a really good point, because the president is still trying to make this big push in the final days of this campaign, but at the same time, has to do his day job dealing wit
Search Results 0 to 45 of about 46 (some duplicates have been removed)